Cryptocurrency Analysis and News Portal
Long in the making, Zurich’s Crypto Broker AG announced Monday it has been granted a securities house license by the Swiss Financial Market Supervisory Authority (FINMA). Crypto Broker AG is part of a digital assets conglomerate that includes asset management and custody services. The license means broadening the scope of its
Read More
The blockchain startup noted that the SEC is unwilling to accept XRP’s utility. The Ripple general counsel also said that the SEC action has unnecessarily created doubt among investors leading to their huge financial losses with falling XRP.The San Franciso-based fintech startup Ripple has issued a strong response to the US
Read More
In what has had an enormous ripple effect across the crypto industry, the SEC has filed a lawsuit
Read More
The U.S. Securities and Exchange Commission (SEC) is showing signs it might budge on letting crypto custodians become regulated broker-dealers specifically for digital assets. The Commission announced Wednesday that it would let crypto-focused broker-dealers operate for five years without fear of an enforcement action provided they can verify they have possession
Read More
The United States Securities and Exchange Commission has taken legal action against Ripple as well as its CEO, Brad Garlinghouse,and co-founder Christian Larsen.In charges filed today in federal district court in Manhattan, the commission is alleging that the XRP token is classified as a security and is accusing Ripple and
Read More
You could argue that the crypto industry should be crowdsourcing Blockstack’s legal expenses. Blockstack’s trailblazing work with the Securities and Exchange Commission on the initial coin offering (ICO) for its native Stacks (STX) tokens made headlines in mid-2019. On Monday, Cryptox reported on Blockstack’s legal analysis that said that upon the
Read More
The world’s largest publicly traded business intelligence firm, MicroStrategy has announced plans to invest the proceeds from a $400 million securities offering into Bitcoin.On Dec. 7, the firm revealed plans to issue $400 million in convertible senior notes — a debt security that can be converted into the issuing company’s
Read More
Hong Kong’s government is seeking to change the rules for cryptocurrency trading firms operating or offering services within the city jurisdiction.A new consultation paper detailed by Clara Chiu, director of licensing at the Securities and Futures Commission (SFC), in a keynote speech at Hong Kong FinTech Week 2020 on Tuesday,
Read More
INX will list on the CES once it closes its $117 million IPO. Source
Read More
The island's Financial Services Authority has set out how it will treat cryptocurrencies and crypto assets and which might be regulated as securities. Source
Read More